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Indian Markets Extend Losses as Rupee Weakens to New Low
Indian stocks fell for a fourth session as the rupee hit a record low and crude oil surged above $106. Nifty 50 dropped 1.45%, Sensex lost 1.63%.
Rigetti Revenue Triples but Operating Loss Widens as Quantum Development Costs Surge
Rigetti Computing's Q1 revenue more than tripled to $4.4 million, but operating losses widened to $26 million as the company invested heavily in its 108-qubit system and other quantum technologies.
AST SpaceMobile Q1 Loss Widens, Cash Reserves and Satellite Launch Plans Under Scrutiny
AST SpaceMobile's Q1 loss widened to $191M, revenue missed estimates at $14.7M, but the company maintains its 2026 outlook and a mid-June satellite launch, backed by $3.46B in cash.
Quantum Computing Inc. Shares Surge 14% on Q1 Revenue Boost from Acquisitions
Quantum Computing Inc. shares rose 14% premarket after Q1 revenue hit $3.7 million, fueled by acquisitions. Core sales were just $204,000.
Plug Power Shares Surge on Q1 Revenue Beat, Cash Concerns Linger
Plug Power shares surged 12.8% after Q1 revenue beat forecasts and operating loss narrowed, but net loss widened on non-cash charges and cash burn remains a concern.
Spokane Valley Bans Bitcoin ATMs Following Surge in Scam Losses
Spokane Valley has banned virtual currency kiosks after police linked them to fraud, major financial losses, and a suicide. The city council voted unanimously on May 5.
Shake Shack Shares Slide as Analysts Lower Targets After Q1 Loss
Shake Shack shares dropped 8% Monday as UBS and other analysts lowered price targets after the company reported a first-quarter loss and rising costs.
Keel Infrastructure Posts $128M Q1 Loss, Pushes AI Data-Center Leasing
Keel Infrastructure Corp posted a $128M Q1 loss as legacy revenue fell 23% to $37M. The company has $533M in liquidity to support leasing at three AI data-center sites in North America.
D-Wave Quantum Stock on the Line as Q1 Earnings Loom After 55% Surge
D-Wave Quantum reports Q1 earnings Tuesday with revenue estimates near $4.1M, sharply below last year's $15M. Shares rose 6.5% to $24.03 as investors await proof that recent contract wins can convert to sales.